PPP Loan information for Rockford mercantile agency inc

$204,320

Rockford mercantile agency inc was initially approved for PPP Loan of amount $204,320, the current approved amount is $204,320. The loan was approved on 01/25/2021 by The Northwest Bank of Rockford reported 21 jobs and $204,320 was used to fund payroll.

Rockford mercantile agency inc is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Rockford mercantile agency inc

ROCKFORD MERCANTILE AGENCY INC

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ROCKFORD MERCANTILE AGENCY INC

Borrower Address

2502 S Alpine Rd

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61108-7813

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

204320.00

Current Approval Amount

204320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61108-7813

CD

IL-17

Jobs Reported

21

NAICS Code

522390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

204318.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205165.66

Forgiveness Date

07/06/2021

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